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TeraWulf Inc. (WULF) shares fall 7% as investors sell ahead of mandatory preferred share conversion.
ByAinvest
Wednesday, Dec 3, 2025 11:13 am ET1min read
TeraWulf (WULF) fell 7% on Tuesday due to potential dilution from mandatory preferred share conversion into common stocks on December 9. The conversion could result in a potential dilution, with fractional interest paid in cash. The company's CFO stated that the mandatory conversion reinforces financial discipline and enables focus on growth.
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